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Purpose. This study explores the relationship between the contributory pension scheme, employee retention, job satisfaction, and organizational commitment with unique reference to Osun State people in Nigeria. Study design. A descriptive cross-sectional research design was adopted and closed-ended questionnaires were employed to collect data for analysis purposes. Data were analyzed with the aid of Structural Modeling of Equation (PLS-SEM). Findings. The findings of the research expose that the contributory pension scheme has no essential effect on job satisfaction and organizational commitment among Osun State workers in Nigeria. However, the research findings divulge that employee retention moderates the relationship between contributory pension scheme, job satisfaction, and organizational commitment amongst Osun State employees in Nigeria. Based on the results, the study suggests that the state government needs to implement the pension scheme and remitting pension contributions as well as pay the benefits to the pensioners as when due. Thus, this will go a long way to alternate the mind-set of employees to work. Research limitations. This study limited to one state, which can be expanded to all 36 states of the federation in future studies. Also, this study makes use of quantitative techniques only, which can also be modified to mixed-methods. Value of the results. The study demonstrates that the contributory pension scheme has no significant impact on job related attitudes among Nigerian workers. However, the retained and experienced workers are capable to key into the scheme. © 2021 Institute of Cytology and Genetics of Siberian Branch of the Russian Academy of Sciences. All rights reserved.
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